Kamis, 08 November 2018

433 Token

433 Token - Blockchain Technology Meets Soccer (Football).




Greetings Community, In this new post I will introduce about 433 Token project, and for more details let's just go to the following discussion.

INTRODUCTION
Of course 433 TOKEN is where Blockchain technology has been incorporated into soccer, in order to make the sport more transparent, secure and scalable, while at the same time bridging the gap between the soccer superstars and their fans.By using 433, everyone will be able to fully enjoy soccer by participating in the development of the next superstar, interacting with superstars and legends as well have a say in making important soccer decisions.433 believes that soccer can be improved because it is the number one sport in the world, it has amazing clubs, it has centralized power, superstar players, nurtures youth talents, creates playing careers and it has loyal fans.433 was invented by Soccer Legends Limited in partnership with Global Legends Series (GLS) due to their firm believe in Blockchain technology and Smart Contracts, and the need to bridge the gap between the soccer superstars/legends and their fans.

PLATFORM SUMMARY
Ofcourse Football game is by far the most well known sport in the world. As of June 2018, there are more than 3 billion fans worldwide, more than 300,000 football clubs (professional and amateur) and 240 million active players. Twenty of the most valuable football clubs worth a total of US $ 33.8 billion (all the afterlife represents US Dollars), and they generate $ 8.56 billion in revenue a year (up 74% and 40% since 2013). Superstars are very sought after and very well paid. In 2017 Paris Saint-Germain paid $ 263 million to acquire Neymar Jr. (transfer fee). And, Lionel Messi himself earned $ 84 million for salaries and bonuses, not including support in 2018.

However, as popular as football, there is always a gap between superstars and fans. There has never been any direct interaction. And the popularity of sports has created many giant organizations, which have strong centralized power to dictate how football is played, and who tends to succeed in sports.

We, at Soccer Legends Limited, not only love and play soccer, we are also confident in blockchain technology and Smart Contracts. Technology has brought new ways of thinking that are interesting and work in many industries. How to verify and store data has increased transparency, security and scalability. In addition, the ability to deploy Smart Contracts on the blockchain platform has increased trust among users, and enabled many innovative applications.



How It Works?
433 has three major utilities which are: sponsoring mentorship, bidding on auctions and voting on games. Under sponsoring mentorship, a selected group of legendary soccer players form a “Fellowship of Legends”, where each Legend is a Principal in the Fellowship.

Principals then pick and mentor youth talents from different soccer academies, aged 16 to 18 years. Each principal is allowed to mentor, at any time, up to 5 youth talents. The principal then offers 433 Token holders around the world, with the opportunity to sponsor his mentoring, for a certain amount of 433 tokens through the Smart Contract.

Under bidding and auction utility, a principle holds auction for special events by personally participating and giving specific personal details. Each event then coined to a unique smart contract event token for auction. The highest bidder receives the event token and enjoys personal interaction with the principle. Other bidders get back their tokens and wait for the next available opportunity. Through the Smart Contract, the principle automatically collects the 433 tokens once his event obligations have been fulfilled. If not, the tokens are returned to the bidder.

When it comes to voting on games, 433 token holders are able to vote for the venue. The city that receives the most votes hosts the game. Through the Smart Contract, tokens voted for the winning city goes to GLS, to fund the game. The winning voters receive free video streaming of the game and are also given priority tickets. Other voters get back their tokens and wait for the next available opportunity.
Mission

433TOKEN since inception has the trait of implementing Blockchain technology and Smart Contracts, 433 Token Ecosystems will bridge the gap between football superstars, young talents and fans. With decentralization, he aspires to make the most popular sports on Earth more transparent, efficient and democratic.


BENEFITS AND ATTRIBUTES OF 433TOKEN
By using 433 Tokens, everyone in the world can enjoy football that has never existed before. He will be able to
participate in the development of the next superstar,
interact with superstars and legends,
have a voice in important football decisions

Token Sales
The 433 Token initiative is an ERC-20 token that runs on the Ethereum blockchain. The essence of this initiative is the virtual game, “Global Legend Series,” where participants will be able to choose the place of the match and the list of players’ names. They will also be given the opportunity to be guided by “legends” and participate in sports memorabilia auctions.

There will be a total of 1 billion 433 tokens, which is the maximum inventory. 30% will be offered to the public for the sale of future tokens. 35% will go to reserve, 15% to the foundation, 10% will go to the founder, 7.5% to the advisor, 1.5% to the development team and 1% to the prize program.

The standard token is ERC-20, with the price of each token being US $ 0.09 / token, ETH received, soft cap of US $ 4 million, and hard cap of US $ 27 million.

Football fans of all ages from around the world can access and invest in 433 tokens, through the official Token 433 website. There will also be no betting and gambling facilities at 433 Token Ecosystem.

However, residents and citizens of the United States and the People’s Republic of China do not qualify to participate or invest in 433 tokens.
Token Details

Token Ticker: 433 
Platform: Ethereum
Type: ERC20
Total Token Supply: 1.000.000.000
Tokens for sale: 300,000,000 
Acceptable currency: 
Price of ETH Token: 1 Token = US $ 0.09 
Hard stamp: US $ 27 million.

Token Distribution

Offered

300 million (30% of total supply)
The price of each Token is US $ 0.09
Currency Received by ETH
Soft Cap of US $ 4 million
Hard Cap of US $ 27 million

ROADMAP.
WHEN WILL 433 TOKEN ECOSYSTEM HAPPEN?

The Minimum Viable Product (MVP) will be the Voting module (venue-voting portion).
It is planned to be launched in 2nd Quarter 2019
A fully functional 433 Token Ecosystem is planned in 1st Quarter 2020

2014 - Q4 GLS Game Bangkok
2016 -Q1 Launch of GLS Academy, Q2 GLS Game Las Vegas
2017 - Q2 Conceptualization of 433 Ecosystem, Q3 GLS formed Strategic partnership with 433 Token founders - Q4 Project research, planning, recruitment
2018 - Q2 Andriy Shevchenko officially joined 433, Q3 Launching of 433 Token Whitepaper and Website, Q3 Paul Scholes officially joined 433, Q4 More Legends join 433, Q4 3-Phase Development of 433 Token Ecosystem
2019 - Q1 Alpha testing, Q2 Minimum Viable Product (MVP) launch, Q4 Beta Testing
2020 - Q1 Fully functioning 433 Token Ecosystem, Even more Legends join 433

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